πŸ“… 2024-12-26 β€” Session: Annual Financial Balance Review for Family Business

πŸ•’ 23:25–00:05
🏷️ Labels: Financial Analysis, Family Business, Annual Review, Profitability, Liquidity
πŸ“‚ Project: Business
⭐ Priority: MEDIUM

Session Goal

The session aimed to study and present the annual financial balance of the family rental business, involving a thorough review of the year’s finances and outcomes.

Key Activities

  • Reviewed the annual financial balance of the family rental business.
  • Assisted in creating a financial balance template, including relevant data such as income, expenses, and suggested visualizations.
  • Analyzed the financial evolution of the rental business, focusing on key indicators like liquidity, profitability, and debt.
  • Compared financial indicators, income, expenses, liabilities, and the general balance between 2023 and 2024, highlighting significant improvements and changes.
  • Conducted a detailed comparative evaluation of the rental business management, emphasizing improvements in profitability, savings capacity, liquidity, and expense control between 2023 and 2024.
  • Proposed strategies to optimize costs, increase liquidity, reduce debt, and enhance profitability.

Achievements

  • Completed a comprehensive analysis of the financial situation and management strategies for the family rental business.
  • Identified significant improvements in financial indicators and proposed actionable strategies for future growth.

Pending Tasks

  • Implement the proposed strategies to optimize financial management and enhance business profitability.